Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Smart partnering for Airways helps achieve good results

Smart partnering for Airways helps achieve good half year results

Airways New Zealand has this week reported a solid half-year financial profit of $10.4 million, compared to last year’s half-year result of $5.2 million.

Revenue of $92.4 million to December 2013 compares to $82.3 million for the same six-month period last year – reflecting Airways recent price increases and a 1.8% increase in air traffic volumes.

This strong financial result comes on the back of recent significant achievements in Airways global training business.

At this week’s World ATM Congress in Madrid, Airways CEO Ed Sims announced a training agreement with Inter American University of Puerto Rico (UIPR). This is the second such partnership the company has established this year – and evidence of Airways commitment to growing its global business through smart partnering.

Mr Sims said that Airways agreements with UIPR and Emirates Aviation College to provide air traffic control and air traffic management courses at the two world-renowned training institutions, enabled Airways to build on its existing relationships with the aviation colleges for the benefit of customers in those regions.

“With these partnerships, we can provide our sought-after air traffic services training to customers in Latin America and the Middle East, at top quality aviation training facilities based in their regions. These collaborations combine world-class training expertise developed in the South Pacific, with delivery into key international aviation hubs,” Mr Sims says.

The UIPR training partnership announcement this week follows further success for Airways in the air traffic control training sector. The organisation’s state-of-the-art Total Control simulator was a drawcard of Airways booth at World ATM Congress this week, and it’s attracting widespread interest from similar organisations.

The Cook Islands Airport Authority recently purchased a new operational desktop version of the simulator – called Total Control Performance – and Airways is in discussions with a number of other air navigation service providers who are considering implementing Airways simulator technology into their training programmes.


-- Ends --

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Tubes: Tasman Global Access Cable Goes Live

Spark, Vodafone and Telstra have today announced the Tasman Global Access (TGA) cable is officially in service and ready to carry vast quantities of Internet traffic between New Zealand and the world. More>>

ALSO:

Theresa Does: Brexit Letter Sees NZD Touch Week-High Vs GBP On Brexit

The New Zealand dollar rose to a week-high against the British pound and euro after UK Prime Minister Theresa May officially triggered Britain's exit from the European Union. More>>

ALSO:

Statistics: Business Research And Development Up 29 Percent

Computer services and machinery manufacturing firms led the way in an almost 30 percent lift in business spending on research and development (R&D) in 2016, Stats NZ said today. Businesses spent $1.6 billion on R&D in 2016, up $356 million (29 percent) from 2014. More>>

ALSO:

China Shopping: NZ-China FTA Upgrade Agreed Among Slew Of New Deals

New Zealand Prime Minister Bill English and China Premier Li Keqiang signed off a series of cooperation deals spanning trade, customs, travel and climate change and confirmed commencement of official talks on an upgrade to the nine-year old free-trade agreement between the two countries. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news